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Employee Monitoring Solution Market 2019- 2023: Company Profiles, Emerging Technologies, Industry Segments, Business Trends, Landscape and Demand

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Employee Monitoring Solution Market 2019- 2023: Company Profiles, Emerging Technologies, Industry Segments, Business Trends, Landscape and Demand

September 20
02:19 2019
Employee Monitoring Solution Market 2019- 2023: Company Profiles, Emerging Technologies, Industry Segments, Business Trends, Landscape and Demand

Employee Monitoring Solution Market
Global Employee Monitoring Solution Market is expected to register a CAGR of 22.6% during the forecast period to reach USD 3.84 billion by 2023 and Employee Monitoring Solution Market Research Report: by Component (Software, Service), Type (Standalone, Integrated).

Employee Monitoring Solution Market Synopsis:

Employee monitoring solution is a type of software that keeps a track of the functional period of an employee and measures the productive hours. This type of monitoring helps in utilizing the optimum potential of individuals. Companies are now employing the method to gain the maximum profit. The global employee monitoring solution market is all set to gain 22.6% CAGR over the forecast period (2018-2023). Market Research Future (MRFR) claims a possibility of crossing USD 3.84 billion by 2023.

Better workforce management, regulatory compliances, privacy policies are some of the reasons expected to inspire the global employee monitoring solution market. However, employee privacy policies can detract the employee monitoring solution market growth. 

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Competitive Landscape:

Several companies have started taking a keen interest in the basic construction of this employee monitoring solution market, which has developed constant upgradation and strategic implementation that would ensure individual’s market positioning. Such decisions are also meant to help holistic market growth. These companies are FairTrak (India), InterGuard (US), Birch Grove Software, Inc. (US), IMonitor Software (US), Netsoft Holdings, LLC (US), Splunk Inc. (US), Micro Focus (UK), Securonix (US), Rapid7 (US), Forcepoint (US), Imperva (US), ObserveIT (US), LogRhythm, Inc. (US), One Identity LLC. (US), and SolarWinds ULC (Canada). MRFR listed these companies in their list with their detailed profiles to have a complete grasp over the recent market trends.

In July 2019, Keeper announced the launch of their round-the-clock dark web monitoring that aims at protecting their employees from malware attacks by keeping a track of what they are doing on the web. This would also better company’s security plans.

Segmentation:

MRFR’s take on the global Employee Monitoring Solution Market yields a proper segmentation that has its focus locked on minute changes. Such an analysis is backed by volume-wise and value-wise figures. These segments are component, deployment, organization size, type, application, and vertical.

  • Based on the component, the global employee monitoring solution market includes solution and service.
  • Based on the deployment mode, the global employee monitoring solution market comprises as on-premise and cloud. The cloud segment is fast gaining momentum as this is quite easy to access and cost-effective.
  • Based on the organization size, the global employee monitoring solution market consists small and medium-sized enterprises (SMEs) and large enterprises. The large enterprises are implementing this system to better their productive hours and increase profit margin. SMEs have started realizing the potential and in the near future, the system is expected to gain prominence in the segment.
  • Based on the type, the global employee monitoring solution market includes standalone and integrated. The standalone segment covers productivity suite, project supervision & management, and surveillance suite.
  • Based on the application, the global employee monitoring solution market encompasses system monitoring, network monitoring, application monitoring, file monitoring, and database monitoring.
  • Based on the vertical, the global employee monitoring solution market includes energy & utilities, banking, financial services & insurance (BFSI), telecommunication & IT, healthcare & life sciences, manufacturing, retail, government & defense, and others. The telecommunication & IT segment is having a great run in the market.

Regional Analysis:

North America, Europe, Asia-Pacific (APAC), and the Rest of the World (RoW) are four distinct regions with ample scope to improvise and modulate the global employee monitoring solution market.

North America’s technological superiority has ensured the top position for the regional market. It is further getting traction from countries like the US and Canada. These are countries with high investment capacity and research facilities. Several companies are also from the region, which is expected to take the regional market ahead.

Europe has the second lead and it is witnessing growth due to similar features it shares with North America. High demand to improve productivity is driving the regional market. The AOAC market is about to record the fastest CAGR during the forecast period. Sectors such as BFSI, IT and telecom, and retail industries are showing impressive rise in the number of takers, which can ensure strong regional market growth.

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Table of Contents

1 Executive Summary

1.1 Market Attractiveness Analysis

1.1.1 Global Employee Monitoring Solution Market, By Component

1.1.2 Global Employee Monitoring Solution Market, By Deployment

1.1.3 Global Employee Monitoring Solution Market, By Organization Size

1.1.4 Global Employee Monitoring Solution Market, By Type

1.1.3 Global Employee Monitoring Solution Market, By Application

1.1.4 Global Employee Monitoring Solution Market, By Vertical

1.1.5 Employee Monitoring Solution Market, By Region

Continued…

List of Tables

Table 1 Global Employee Monitoring Solution Market, By Region, 2017–2023

Table 2 North America: Employee Monitoring Solution Market, By Country, 2017–2023

Table 3 Europe: Employee Monitoring Solution Market, By Country, 2017–2023

Continued…

List of Figures

Figure 1 Global Employee Monitoring Solution Market Segmentation

Figure 2 Forecast Methodology

Figure 3 Porter’s Five Forces Analysis of The Global Employee Monitoring Solution Market

Continued…

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/employee-monitoring-solution-market-7623

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